CIT Northbridge Credit, as advised by CIT Asset Management, provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group, a privately held sales, marketing and supply chain services distributor. read more
MAY 23, 2023 - 6:51 am
CIT Northbridge Credit, advised by CIT Asset Management, provided $40 million in financing for Tronair, a manufacturer of ground support equipment, aftermarket replacement parts and services for the global aviation market. read more
MAY 19, 2023 - 7:00 am
CIT named Randy Lederman a managing director for business development activities across the Northeast for CIT Northbridge Credit. Based in New York, Lederman will be responsible for sourcing new asset-based loan opportunities from $15 million to $150 million. read more
JUL 27, 2022 - 7:24 am
CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $145 million credit facility for Natural Gas Compression Systems. read more
APR 22, 2022 - 7:04 am
CIT Northbridge Credit served as collateral and administrative agent and lead lender on a $100 million senior secured credit facility for Hornbeck Offshore Services. read more
AUG 1, 2019 - 6:55 am
CIT Group expanded its investment management and advisory capabilities to provide increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry sectors. read more
JUL 23, 2019 - 6:55 am
CIT announced a joint venture with funds managed by TPG Special Situations Partners. The JV will have a target size of $500 million and will provide secured financing to companies in a variety of industries throughout the U.S. read more
AUG 27, 2015 - 8:11 am